Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Free Economics resources

Topic Videos

Indifference Curves and Consumer Equilibrium

Level:
A-Level, IB Diploma
Board:
Eduqas, IB, OCR, WJEC

Last updated 21 Mar 2021

Share this content:

This short revision video looks at consumer equilibrium with indifference curves and budget lines.

Indifference Curves and Consumer Equilibrium

Consumer equilibrium is reached at the point of tangency between the budget line and the highest-attainable indifference curve.

Indifference Curves and Consumer Equilibrium
Share this content:

You might also like

The Law of Diminishing Marginal Utility

Topic Videos

Opportunity Cost

Study Notes

Indifference Curves - MCQ Revision Questions

Practice Exam Questions

Indifference Curves - Cross Price Elasticity and Substitutes

Topic Videos

Indifference Curves - Income and Substitution Effects for Inferior Goods

Topic Videos

Indifference Curves - Income and Substitution Effects for Normal Goods

Topic Videos

Indifference Curves - Rising Income and Normal Goods

Topic Videos

Indifference Curves - Rising Income and Inferior Goods

Topic Videos